Oireachtas Joint and Select Committees

Friday, 22 January 2021

Public Accounts Committee

2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment

1:00 pm

Mr. Mark Griffin:

I might ask Mr. Mulligan to come in. The reduction in cost, should it arise, accrues to the State. The subsidy is paid on the basis of expenditure incurred.

If there is a reduced tender price or if there is a redesign, say, for example, to use the ESB network to roll out some of this, the ESB will get a payment for the subsidy because it is a commercial company. However, that would be fed back in through a dividend. The State gets a 40% dividend from the ESB every year. Accordingly, some of that will be factored into the dividend payment back to the State.

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